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Cryptopolitan

2023-01-26 20:39:54

Tesla reports Bitcoin impairment charge in Q4 2022

Tesla reports Bitcoin impairment charge in Q4 2022

On Wednesday, Tesla disclosed in its latest earnings report that it had not purchased or sold any Bitcoin during the fourth quarter of 2022. The electric car manufacturer still reported $34 million worth of impairment charges due to their Bitcoin holdings dropping to $184 million—down from Q3’s impressive figure of $218 million. In accounting, an … Tesla reports Bitcoin impairment charge in Q4 2022 Read More »

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